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Polk County · Waverly, FL 33877

New Off Market - Lake Wales 3-Bed Value-Add Opportunity - Waverly, FL

$114,000
3
Beds
1
Baths
1,216
Sq ft
1949
Year built
$86K spread

About this property

Property Type: Single Family

Beds: 3, Baths: 1

Sqft: 1,216 Sqft

Lot Size: 5,053 Sqft Lot

Year Built: 1949

Occupancy: Occupied

Notes

  • Three-bedroom value-add opportunity with strong flip or rental potential
  • Flood Zone X with private well and septic
  • HVAC reportedly replaced in 2023
  • Water heater reportedly replaced in 2022
  • Property primarily needs a new roof, cleanout, and cosmetic updating
  • Additional updates should include flooring, paint, kitchen,
  • bathroom, fixtures, and exterior cleanup

COMPS

  • ARV: $200,000

Property snapshot

Layout3 Bed / 1 Bath
Living area1,216 sq ft
Lot size5,053 sq ft
Year built1949
Property typeLand
CountyPolk County

Deal details

Asking price$114,000
ARV estimate$200,000
Spread (ARV − asking)$86,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$114K
ARV est.
$200K
Spread
$86K
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Ms. Meriam
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